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Good movement today. Anyone know what could be causing this? No press releases lately. Earnings not until early November.
I think the RBC price target at $31 is an error. I see it at $19.
Why would someone post a sell order for 250,000 shares at 0.33. Break that up into 50s and you are more likely to get a fill.
Took a position here today. Seemed oversold with a promising merger on the horizon. When I see the likes of DraftKings on their resume it got me interested. Looking to buy the dips until that is voted and finalized. Good luck everyone!!
Won’t the warrants drive the price closer to $0.20? Right now they can get shares for $0.20 and sell for over $0.30 making at least 50%. I know most of us are waiting on a lot more than that but for folks that do this for a living that is a guaranteed 50% right now. Are these shares restricted for a period of time when they convert a warrant????
My only concern has been that you cannot actually by any of their covers right now. I looked all over the web. Tried to suggest a friend to buy one but they couldn’t. Hard to believe that it can only be bought in Canada or from a third party but that has been the case. Hopefully this new facility will change that. Serious supply chain issues up until this point. The funding is mega but thought that was for the solar product. Won’t people be upset if it goes to regular cover business??
Buy the dips! GLTA
Had to take half off the table today but holding the rest for multi$. Congrats everyone!!!
Out today as well. I can’t understand this run though. Something is definitely happening. Wishing I had loaded more 1’s. Best of luck to all!
Looks like someone wants to exit a large position at $0.13. Getting bought up pretty quick though.
Big volume spike on no news. What’s up???
Nice volume. Perhaps we have found a new base at $0.15. Good things to come. Just requires a great deal of patience.
I’m no technical genius but the three month chart says we are at a strong resistance point right now. If this breaks then we may see under $0.10. If it holds then we could be in for a short term run back over $0.30 after the new year. IMO
I could be wrong but I don’t think he can take money for a product that is not yet being mass produced. Once they start running the line in China then he has an avenue to fulfill. What if China comes back and says it cannot be mass produced? He can’t exactly return that upfront money since he wouldn’t have it. I think he has a plan to raise the kick start money and he is executing. We will never know though because that is sensitive/protected information. We have seen the prototype now we need to see a shipment from China to know for sure that this is scalable. Then we can flood the purchase orders to drive the stock price.
Should consolidate around .20 until further announcements. I know a few folks adding below that so hopefully that holds off those not impressed with the deals thus far.
Lite trading this afternoon. I guess the seller went golfing.
I’d love some more under $0.20. Bring it down please. Few will be patient enough to wait until 2021 so we will likely get some cheapies over the next few months. Bid sitting for me.
I could not find any pending patent for the solar covers. Here are the original two for the Tonneau:
10596887
10399420
We also have 10252676 for the bag that can be sold with the cover.
All others remain in Rossi’s name and not Worksport.
Why would someone put up 65000 at one price when this is moving? Break that up and grab an extra penny for each block! Geesh!
Took a little off the table in the 40’s but holding the rest for $ territory.
Well put! Correct perspective
The company expects to be able to actually launch the product within 12-24 months of funding. So other than pre-orders the story may take quite awhile to unfold. It should see a bump up once funding is secured. I think all of this is being done for the purpose of funding. It is now presentable for large scale venture capital.
Did anyone else notice that there is already a Terra-Vis Smart Solutions company out there? They are from Portugal and do solar home solutions. Have we cleared this name from a trademark perspective? Just don’t want a repeat of the past.
Also, can anyone point me to any marketing materials for Tarravis which explains how we plan to make money with this product? Originally I thought it was to be used for construction site outlet plug in but now we seem to be focusing on powering the whole vehicle. Just curious. Thanks!
Can someone close to Rossi please ask him to try reaching out to some larger used car dealerships and make a deal for new covers to be added for all trucks? Now is the time since the flood gates are soon to reopen and dealerships will be fighting over the pent up demand. Might be too late but maybe not.
Grabbed some 9’s. Now I’ll sit for some 7’s. Much appreciated!
I really thought we would see more of a drop here thanks to the corona. I guess I’ll have to inch up my bid if I want to add.
My best guess is that Amazon requires so many units to be physically available in a warehouse that they can ship from. Perhaps FNHI needed the funding in order to procure that mass quantity which I assume would take 30-60 days at least. After that they will just have maintain a minimum quantity at all times. Personally I am giving it 90 days. I also expect the share price to double the day that any investor can search for the product on Amazon and post it here.
Looking solid. Going to be an interesting week as consolidation continues. I predict we average about $0.10 gains per month until the next solid piece of news. I’m not calling $1 this year but would not be shocked. Any sort of longer term contract and all bets are off but we have enough organic growth to fuel this pps.
I don’t subscribe to the institutional theory. Feb 9th was our turning point. I suspect some folks knew about or anticipated the Amazon announcement which came Feb 12th. We started a steady ramp up from that announcement due to exposure. Around the same time the Tesla article came out. I suspect a P&D crew that targets low floats saw their opportunity and ran it at that time. We have since settled back to the same gradual ramp up. My guess is that we continue this gradual progression. IF the same crew returns we could run fast again but I haven’t seen them return very often. All is well IMO
So I guess Rossi is pursuing a direct marketing campaign. Selling Worksport through Amazon would be amazing. The last thing he told me was that the company was focused more on third party distribution rather than direct to customer. This means we keep all of the profit. Hit with a Tesla or Ford or GM contract now and it is liftoff. CSE will be begging for FNHI if/when that happens.
Almost hit my bid. Keep the dump coming. Loading up the truck!!
So maybe CSE is on hold until 18 months following the RSS assuming that this dump doesn’t take us below $0.005. As far as selling shares. I think technically all have been sold as warrants at $0.10 so maybe we are good.
I wish he would announce that he is no longer pursuing the CSE. Put that behind us and focus on the core business. It was a waste of money.
Got some. Thank you. Next stop $0.02. Loading for the run back to $0.10.
Good point. The only possible explanation would be that they found a better opportunity and thus need to move it. It could be toxic but wouldn’t we see that in the OS? Awhile back we had something like this but not nearly to this extent. It turned out to be like $20,000 which was paid for consulting services and that restriction timeframe ended. I wish there was a clearer way for shareholders to prepare for something like that.
How do you know they are not just cutting their losses?
I haven’t seen someone dump like this over the past two years. They must really want out. I’ll take some at $0.04 and the rest at $0.03 if they want out that bad.
Rossi may not have given many reasons to buy lately but I also have not seen any reasons to sell. Instead of asking for an apology from our CEO why not try to ask him if he can justify the overwhelming selling which has occurred over the past two months with no public rationale? It could just be one whale looking to exit since this is a low float, but maybe Rossi knows more.
Not unless this guy has millions of shares to sell. I’ll take all he’s got listed at $0.04 if he wants to dump.
Isn’t it probable that the large ask is just a flipper that got 500k shares at like $0.05 and now they are trying to make 30+% but can’t find a buyer? They may be dumping in small chunks to get cash out as needed while trying to maintain like a 20-25% overall profit. Just a thought.